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<xml>
<title>Illinois General Assembly - Bill Status for SB 2006         </title>
<shortdesc>RTA-CASH NOTE &amp; LINE OF CREDIT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Don Harmon</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>70 ILCS 3615/4.04</reference><aliasreference>from Ch. 111 2/3, par. 704.04</aliasreference><SynopsisText>Amends the Regional Transportation Authority Act. Provides that the Regional Transportation Authority may issue, sell, and deliver additional working cash notes and establish lines of credit (rather than only working cash notes) before July 1, 2022 (rather than July 1, 2018) that are over and above and in addition to the $100,000,000 bond or note authorization. Establishes procedures for establishment of lines of credit. Requires notice to the Governor's Office of Management and Budget and State Comptroller before establishing a line of credit and provides that money borrowed under a line of credit are general obligations of the Authority that are secured by the full faith and credit of the Authority. Effective immediately.</SynopsisText><synopsistitle>Senate Committee Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>70 ILCS 3615/4.04</reference><aliasreference>from Ch. 111 2/3, par. 704.04</aliasreference><reftype>Adds reference to:</reftype><reference>70 ILCS 3615/1.01</reference><aliasreference>from Ch. 111 2/3, par. 701.01</aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the Regional Transportation Authority Act. Makes a technical change in a Section concerning the short title.</SynopsisText></synopsis>
<actions>
<statusdate>2/15/2019</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Martin A. Sandoval</action>
<statusdate>2/15/2019</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/15/2019</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/5/2019</statusdate><chamber>Senate</chamber><action>Assigned to Transportation</action>
<statusdate>3/12/2019</statusdate><chamber>Senate</chamber><action>Do Pass Transportation;  017-000-000</action>
<statusdate>3/12/2019</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 13, 2019</action>
<statusdate>4/9/2019</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/9/2019</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 10, 2019</action>
<statusdate>4/12/2019</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/1/2020</statusdate><chamber>Senate</chamber><action>Chief Sponsor Changed to Sen. John J. Cullerton</action>
<statusdate>1/20/2020</statusdate><chamber>Senate</chamber><action>Chief Sponsor Changed to Sen. Don Harmon</action>
<statusdate>2/25/2020</statusdate><chamber>Senate</chamber><action>Re-referred to Executive</action>
<statusdate>2/25/2020</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon</action>
<statusdate>2/25/2020</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>2/26/2020</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Assignments Refers to Executive</action>
<statusdate>3/4/2020</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Adopted</action>
<statusdate>3/4/2020</statusdate><chamber>Senate</chamber><action>Do Pass as Amended Executive;  016-000-000</action>
<statusdate>3/4/2020</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 5, 2020</action>
<statusdate>3/25/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading Deadline Established As May 7, 2020</action>
<statusdate>4/12/2020</statusdate><chamber>Senate</chamber><action>Pursuant to Senate Rule 3-9(b) / Referred to Assignments</action>
<statusdate>4/23/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading Deadline Established As May 15, 2020</action>
<statusdate>4/30/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading Deadline Established As May 22, 2020</action>
<statusdate>5/7/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading Deadline Established As May 29, 2020</action>
<statusdate>5/15/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 31, 2020</action>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

